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For a perfectly competitive firm,STC=100+20q^2 and SMC=20+2q. If the market price is equal to 42, what is the profit the firm earns in the short-run?
For a perfectly competitive firm,STC=100+20q^2 and SMC=20+2q. If the market price is equal to 42, what is the profit the firm earns in the short-run?
- A.2
- B.10
- C.0
- D.22
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